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...and one more thing. Do you actually believe that YOU are capable of putting your treasured ideals of egalitarianism and moral relativism into words at the level of Chomsky or Marx???

Yup. Since I have no talent for making music, I enjoy music composed by others without ever contributing my own. Inventing and explaining complex philosophy: Same as above. If you really want to know how an atheist can reject moral relativism, I strongly suggest reading "The Virtue Of...

This is a very complex issue, and I'm not capable of explaining it 1/100th as well as many atheist Objectivist authors have already done. I'll find the most suitable articles to post here, and hopefully you'll be ok with that...

As much as I oppose moral relativism, I could only get through the first couple paragraphs of the Prager articles, due to his glaring factual errors. The Talmud is NOT "the second most important religious text to Jews"- the correct answer here would be the Mishnah. (...

How many times must I voice opposition to Kahane, Goldstein, and anyone who targets civilian non-combatants, in order to satisfy you? Every hour?

Indeed, Bin Laden committing mass murder against thousands of unarmed civilians is quite comparable to a hungry man who steals to feed his family. Absolutely brilliant analogy. Quite similarly, I point out that some people do not properly throw their used soda cans in the trash, but instead...

Here's a question similar those appearing on those damn 'white-written' IQ tests. Rearden Metal sometimes resorts to name calling, but only in retaliation against those who attacked him first with this uncouth tactic. Rearden Metal and Zten have been involved in several flame wars...

You know, when you refrain from rabid flaming and name calling, as demonstrated in the above post, you sound...well....almost human.

I've read through a few dozen pages of Kahane material. He DID advocate stopping Israel's receipt of all foreign aid. He also argued for a strict Israeli Jewish theocracy- something which would ruin the lives of secular Israeli Jews, who represent over 75% of Israel's Jewish population... not to...

**""I don't calculate return on margin as it has no relevance to risk/reward, but I see your point. ""** The reason I do this, is because the margin requirements on naked short options are so ridiculously high. Unless one has a giant stack of OPM (Or keeps a massive chunk of his net worth in...

I wasn't planning on keeping the 360's beyond one day, not matter what GOOG did today. Holding GOOG stock short over the weekend, also holding GOOG 320 calls short.

Using current prices: Your backspread: Up about $500 for $11,000 margin used. My short 360 calls naked: Up $285 for every $3,500 margin used.

Sure, much easier to go all the way to China and purchase a duffel bag full of 100 Yuan notes (The highest denomination minted), and then attempt to smuggle it all back into the U.S. Perjury on the customs form isn't too bad a felony If it all gets confiscated by the U.S. government for...

I'll be paying attention to how your position fares tommorow morning. Isn't saying "paid many multiples of your debit" a bit misleading though? Unlike a regular spread, your debit is not the total amount at risk, nor is it anywhere close to the margin required.

The more I think about it, the more I like your backspread better than my simple short deep OTM calls. It's well positioned for the anticipated IV drop. A 9% gap up like last time though, and you'd lose about $1,000 per backspread, if I'm figuring it correctly.

Cool. The margin required on each 2-1 backspread in this case is over $10,000, right?

I probably should have looked into that one. Like many, I tend to avoid deep ITM's because of the slippage. You seem to know a little about my background, but I should add that after ten years of trading equities, I only got into options half a year ago. So you're alot more experienced on this...

Can you explain how the 310/280 call backspread is structured? What ratio, etc...? I'd like to run the numbers and compare.

I'm just teasing... I know you're a Big Swinging Dick, irrespective of ET recos. I have an inkling of how much you made at Schonfeld. ---Ok, in that case I can look at any criticism from you more seriously, and not dismiss it as the underestimating I'm used to. The trade makes $2.00...

Thanx. In retrospect, I'd have been slightly better off shorting calls closer to the money. Why just slightly? Here's how they compare: MARGIN: 360 calls -> $3,500 each. 320 calls -> $8,500 each GOOG opens down -> both options drop big. GOOG opens unch-> the 360's drop...